You really shouldn't be using Hot Copper to do your research.
You should go through previous ASX announcements, they aren't hard to check and all information is well detailed in the reports.
The ASX historical announcement webpage allows investors to easily research company announcements with every announcement ever made. https://www2.asx.com.au/markets/trade-our-cash-market/historical-announcements
Grange's pellet plant is more than 50 years old, Grange management realises that to keep it operating another 50 years the equipment needs to be upgraded, replaced and modernised.
As gaz mentioned the conveyor was recently upgraded. Its now one of the most modern conveyors in Australia.
Port Latta Improvement Projects
Significant investment has been made this year in process improvements at Port Latta. A complete plant shutdown was taken in November to allow the installation, commissioning and successful operation of a new Steel Pan Conveyor. This German-engineered conveyor system is 110-metres-long and carries the hot pellets from the furnaces out of the plant for stockpiling. It carries pellets more than 600 degrees Celsius and allows them to cool more slowly, improving their strength. The guideline for installation was approximately 70 days. It was planned to be undertaken in 1 month and the team completed the commissioning within 23 days through careful planning and well managed execution.
The restoration of Furnace number four is well progressed. A revised design for the current furnace configuration has been developed and detailed engineering designs are in progress. The implementation of the new design is planned for Q4, 2021 with long lead items being procured. This redesign will improve the airflow and ensure ease of maintenance for the lifecycle of the furnace.
Other projects at Port Latta include the changeout of the Bentonite Baghouse structure, structural repair works on plant infrastructure and the installation of a Sodium Hydroxide system that will enhance the performance of the scrubbers.
The Tasmanian Government has established a Renewable Hydrogen Industry Development Funding program to support feasibility studies for large scale renewable hydrogen projects in the state. Grange has been selected to undertake a study to explore the potential to use hydrogen for industrial heating at the pellet plant. This feasibility provides a great opportunity for Grange to examine the potential for alternate and renewable energy inputs. The study will be conducted through 2021.
Spend some time researching and you'll find Grange produces the highest grade iron ore in Australia and commands the highest price for its high grade iron ore pellets.
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